Botswana Country Report 2016

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  • WAVES Wealth Accounting and the Valuation of Ecosystem Services

Abstract

Botswana is pursuing sustainability objectives in a manner that recognises the importance of integrating the value of natural assets into existing national frameworks. This is an approach that is expected to enrich the planning and policy systems through an adaptive approach while responding to emerging national and global issues that relate to sustainability. Through Wealth Accounting and Valuation of Ecosystem Services (WAVES), natural capital accounting provides the required information that complements the national economic accounts. Priority setting for the natural capital accounts in Botswana is based on the opportunity of WAVES to address identified policy issues.

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